RELEASE OF GRANT FUNDS Sample Clauses

RELEASE OF GRANT FUNDS. A. Upon the execution of the Agreement by the parties and the receipt of an OSHE approved budget from the Grantee, payment of grant funds awarded under this Agreement shall be made by OSHE to the Grantee according to the schedule below:
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RELEASE OF GRANT FUNDS. Funds will be disbursed to the Grantee or, as appropriate, its fiscal agent upon receipt by the Permanent Endowment of a signed copy of these Terms and Conditions.
RELEASE OF GRANT FUNDS. Funds will be disbursed to the Grantee upon receipt of the properly completed Agreement and the satisfactory compliance with special conditions, if any, listed in Paragraph X. The special conditions may make the release of funds contingent on certain requirements. In such cases, you must submit adequate evidence of compliance with the conditions before the Foundation will release funds. If you have any questions about the special conditions, contact the Vice President for Grantmaking and Community Leadership.

Related to RELEASE OF GRANT FUNDS

  • GRANT FUNDS The Provider will not commingle grant funds (payments and reimbursements made under this Agreement) with other personal or business accounts. The U.S. Department of Justice, DOJ Grants Financial Guide does not require physical segregation of cash deposits or the establishment of any eligibility requirements for funds which are provided to a Provider. The Provider’s accounting systems must ensure grant funds are not commingled with funds on either a program-by-program or a project-by-project basis. Grant funds specifically budgeted and received for one project may not be used to support another. Where the Provider's existing accounting system cannot comply with this requirement, the Provider will establish an additional accounting system to provide adequate grant fund accountability for each project. In accordance with the provisions of section 287.0582, Florida Statutes, if the terms of this Agreement and reimbursement contemplated by this Agreement extend beyond the current fiscal year, the OAG's performance and obligation to reimburse under this Agreement are contingent upon an annual appropriation and spending authority by the Florida Legislature. In addition, the OAG’s performance and obligation to reimburse under this Agreement is contingent upon the OAG's Victims of Crime Act award, as funded through the U.S. Department of Justice, Office for Victims of Crime formula grant program.

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